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4.1
Low trading fees
No minimum deposit required
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DEGIRO review 2024

Investing options: 4.2

Platforms & usability: 4.1

Products, markets, & assets: 4.6

Safety & reliability: 4.6

Deposits & withdrawals: 3.7

Research & analysis tools: 4.2

Fees & costs: 3.8

Education & learning resources: 3.8

DEGIRO review Summary

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Updated: Jun 7, 2024
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15 min read
DEGIRO is one of the lowest fee retail stock brokers in Europe. It is available to customers in 18 European countries and offers its users access to global markets across the world.

Our opinion of DEGIRO

DEGIRO is a stock trading platform that’s easy to use and provides its users a vast amount of information and options. There are lots of different ways to trade and the platform provides things like streaming quotes and market news to help you make better investment decisions.

This DEGIRO review investigates and evaluates the platform. Our team has thoroughly tested the company and you can find out more right here.

DEGIRO highlights

Features DEGIRO summary
No. of tradable assets 2,000,000 +
Min. Deposit $0
ID verification required Yes
Free demo account No
Supported assets Stocks, Indices, Commodities
Mobile trading app Yes
Web trading platform Yes
Regulatory bodies BaFin
View more > DEGIRO >

Pros & Cons

Pros:

Low trading fees
No minimum deposit required
Segregated client funds

Cons:

Can I open an account with DEGIRO?

Investing options
4.2

What can I do with DEGIRO?

You can trade a wide array of assets on DEGIRO, from shares and ETFs to options and futures contracts. It offers a high quality trading platform along with low commissions on stocks listed on all the major exchanges, including Australia and Tokyo.

There are a few different account types on DEGIRO, most notably a day trader account for the most active traders. That flexibility extends to how easy it is to use and the fact its available both on web and through a mobile app.

What accounts does DEGIRO offer?

DEGIRO offers four different account types: Basic, Active, Trader, and Day Trader. Each account type has its own features and benefits. Here are the available account types:

Account type DEGIRO accounts TastyTrade accounts Plus500 accounts
Trading platform Yes Yes
Crypto staking No No
Crypto wallet No No
Money management Yes Yes
Spread betting broker No No
View more > DEGIRO > TastyTrade > Plus500 >

DEGIRo also has a sliding scale of account tiers aimed at different users.

Account tier Qualifying balance
Basic N/A
Active N/A
Trader N/A
Day Trader N/A
View more > DEGIRO >
  • Basic. This is the default account type for new DEGIRO users. It allows you to trade stocks, ETFs, and bonds. You can also use the Basic account to invest in fractional shares.
  • Active. The Active account gives you access to all of the features of the Basic account, plus the ability to trade options and futures. You can also use the Active account to short sell securities.
  • Trader. The Trader account is designed for active traders who need access to advanced trading tools and features. The Trader account gives you access to real-time market data, level 2 quotes, and margin trading.
  • Day Trader. The Day Trader account is for professional traders who need the highest level of access to the markets. The Day Trader account gives you access to all of the features of the Trader account, plus direct market access (DMA) and extended trading hours.

Products, markets & assets
4.6

What products and assets can you trade on DEGIRO?

DEGIRO gives you access to 30 stock exchanges around the world, including popular markets in Europe and the US and many of the leading stocks in the world, like Amazon, Google, and Tesla.

You cannot buy or trade cryptocurrencies directly with DEGIRO. Your only option is to purchase shares in an ETN, or ‘exchange-traded note’, that tracks the performance of a market or asset. You can use Bitcoin and Ethereum ETNs through DEGIRO to gain exposure to these coins.

Product DEGIRO assets TastyTrade assets Plus500 assets
Stocks 30,000+
ETFs 5,000+
Forex CFDs 0 50+
Indices 1,000+
Commodities 50+
View more > DEGIRO > TastyTrade > Plus500 >

What leverage trading options are there?

Yes, it is possible to trade on margin from DEGIRO. Trading with leverage on DEGIRO is referred to as Debit Money. Trading on margin involves investing more than the cash value held in your Cash Account.

The maximum leverage ratio available is 300x and is reserved only for active professional traders. This is fairly standard among traditional online stock brokers.

Product DEGIRO maximum leverage TastyTrade maximum leverage Plus500 maximum leverage
Stocks Variable
ETFs Variable
Indices Variable
Commodities Variable
View more > DEGIRO > TastyTrade > Plus500 >

What are the spreads?

Instead of spreads, DEGIRO charges low fixed commissions on each trade that start at CHF 0.50 per trade and goes up from there depending on the asset being traded.

Product DEGIRO spreads TastyTrade spreads Plus500 spreads
Stocks From 0.1%
ETFs From 0.1%
Indices From 0.5%
Commodities From 0.5%
View all tradable assets > DEGIRO > TastyTrade > Plus500 >

DEGIRO trade sizes and limits

DEGIRO doesn’t impose a maximum trade limit, but the minimum trade size should be worth at least CHF 1.00, no matter how many shares/units you are trading.

Product DEGIRO minimum trade TastyTrade minimum trade Plus500 minimum trade
Stocks 0.50 CHF
ETFs 0.50 CHF
Indices 0.50 CHF
Commodities 0.50 CHF
View more > DEGIRO > TastyTrade > Plus500 >

Stocks

Which stocks are available on DEGIRO?

DEGIRO offers one of the widest selections of stocks among online retail trading platforms. There are thousands of shares available to buy and sell from dozens of leading exchanges around the world. Below, is an estimated number of stocks from various countries available on DEGIRO. 

Country No. of stocks on DEGIRO
United States 10,000+
United Kingdom 5,000+
Hong Kong 3,000+
Germany 2,000+
France 1,000+
Switzerland 1,000+
Sweden 500+
Spain 1,000+
Italy 1,000+
Netherlands 1,000+
Norway 500+
Denmark 500+
Finland 500+
Belgium 500+
Portugal 500+
Saudi Arabia 500+
View more > DEGIRO >

What are the fees for buying and selling stocks?

The fees for buying and selling stocks on DEGIRO will vary depending on many factors including the exchange you’re using. For example, US stocks have a minimum $1 commission and $1 handling fee. For UK stocks, its £1.75 commission and £1 handling. 

Commodities

What commodities can be traded on DEGIRO?

You can trade a wide range of commodities on DEGIRO via various methods. There are commodity futures, commodity stocks, and commodity ETFs covering almost every tradable commodity in the world. Here are some of the markets you can trade on DEGIRO. 

Commodity Commodity Commodity
Gold Silver Natural gas
Oil Palladium Platinum
Sugar Euro oil Carbon emissions
Copper Corn Wheat
Zinc Cocoa Soybeans
Nickel Heating oil Live cattle
Aluminium Arabica coffee Cotton
Gasoline Lean hogs
View more > DEGIRO >

What are the minimum spreads for trading commodities?

The minimum spreads for trading commodities on DEGIRO vary depending on the commodity and the market conditions. However, they are generally competitive with other brokers.

For example, the minimum spread for trading gold is typically around 0.1 pips. The minimum spread for trading oil is typically around 0.2 pips.

Deposits & withdrawals
3.7

What are the minimum & maximum deposits?

One of the best parts of trading with DEGIRO is that there is no minimum deposit required. Also, DEGIRO does not charge any withdrawal or deposit fees. But like with many online day trading platforms, you are only allowed to withdraw your money via a bank transfer.

Payment method Minimum deposit (USD)* Maximum deposit (USD)
Bank transfer $0 N/A
View more > DEGIRO >

What are the minimum and maximum withdrawals?

There are no minimum or maximum withdrawal amounts so you can withdraw your money at any time. 

Payment method Minimum withdrawal Maximum withdrawal
Bank transfer $0 N/A
View more > DEGIRO >

What are the deposit and withdrawal options fees, limits, and speeds?

DEGIRO does not charge any fees for withdrawing your money. Depending on yoru bank, funds can take between 2 – 3 days to process, however this can be much faster at times. 

Payment method Withdrawal fee Withdrawal speed
Bank transfer $0 2 – 3 days
View more > DEGIRO >
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Fees & costs
3.8

How do DEGIRO fees work?

DEGIRO doesn’t charge any direct fees for depositing or withdrawing funds but does charge fees on each trade. These vary depending on the asset you trade and, by comparison to other similar exchanges, can be up to 99% smaller. 

There is also no inactivity fee when trading with DEGIRO. 

Fee DEGIRO fees TastyTrade fees Plus500 fees
Trading fees Yes No
Inactivity fees No Yes
Rollover/overnight fees Yes Yes
Withdrawal fees No No
Spreads Yes Yes
Conversion fees Yes Yes
View more > DEGIRO > TastyTrade > Plus500 >

What are DEGIRO’s trading fees?

DEGIRO’s trading fees vary depending on the market you’re trading, the type of product you’re trading, and the size of your order. In general, DEGIRO’s fees are very competitive. 

For example, it offers low commission trading on a wide range of stocks and ETFs. It also has low fees for trading other products, such as options, futures, and commodities. You can find more information about DEGIRO’s fees in the table below.

Asset DEGIRO fees TastyTrade fees Plus500 fees
Commodities From €1 (+€1 handling fee) From 0.04%
Indices From €1 (+€1 handling fee) From 0.7%
Stocks From €1 (+€1 handling fee) From 0.08%
ETFs From €1 (+€1 handling fee)
View more > DEGIRO > TastyTrade > Plus500 >

Platforms & usability
4.1

What devices can I use DEGIRO on?

DEGIRO is available both as an online platform and a mobile stock app for those who want to take their trading everywhere they go. At the moment, the broker doesn’t offer a desktop version. You can use DEGIRO on:

Device Browser/operating system
Web browser Google Chrome, Microsoft Edge, Mozilla Firefox, Safari
Mobile app iOS, Android
Tablet iOS, Android
View more > DEGIRO >

DEGIRO mobile app review

The DEGIRO mobile app, available on iOS and Android devices, is designed to mirror the features of the web-based platform, allowing you to trade and manage your investments on the go. 

The app boasts a user-friendly interface, providing access to real-time quotes, interactive charts, and a wide range of financial data. The app lets you create customised watchlists, set alerts for price changes, and access educational resources and market news. 

With features like Touch/Face ID login and two-factor authentication, security is also prioritised. 

Web trading platform

The most important question any user has is: How easy is it to use DEGIRO?

DEGIRO’s proprietary trading platform is designed with functionality in mind, to allow you to trade quickly and easily regardless of where you are.

Its trading platform is web-based with a complete mobile version for both Android and iOS devices that comes equipped with a QuickOrder button at the top of your dashboard for fast trades, real-time streaming prices for the major European markets and US exchanges, and a bid/order book with a depth of 5 levels.

Key features

With more than 2.5 million clients in over 18 countries, DEGIRO is one of the most popular trading platforms in Europe. Here are some of its strong points:

Access to global markets

DEGIRO gives you direct to market access to more than 50 exchanges around the world, from the NASDAQ, NYSE, and TSX in North America to the ASX and Tokyo exchanges in Asia & Oceania, and every single major European exchange.

QuickOrder button

Complete all your buy orders faster with the QuickOrder button found at the top of your dashboard. This will bring up a trade box where you simply need to enter your order type, the quantity, order duration, and click the order button.

Favourites list

Build a complete watchlist of all the stocks you are interested in to easily keep track of their prices. This will make your future entry points a whole lot easier.

Safety & reliability
4.6

Is DEGIRO safe?

DEGIRO uses a separate custodian to hold its clients’ assets, which means they are 100% segregated from the assets of DEGIRO. All money DEGIRO receives from you is immediately invested (based on a standing order) in a Money Market Fund. It also offers standard Two Factor Authentication (2FA).t

Is DEGIRO regulated?

Yes, as a branch of a German-regulated bank, DEGIRO is supervised by the German financial regulator, the Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin). It also falls under the indirect supervision of the European Central Bank (ECB) and the Dutch Central Bank (DCB).

Region DEGIRO regulators TastyTrade regulators Plus500 regulators
Africa FSA
Asia
Australasia ASIC, FMA
Europe BaFin FCA, CySEC
International
North America
South America
View more > DEGIRO > TastyTrade > Plus500 >

DEGIRO customer support review

The customer support at DEGIRO is considered to be average overall, based on clients’ online reviews. It doesn’t offer a 24/7 live chat option, but you can contact the support team via phone or email and they respond fairly quickly to your inquiries.

Support type DEGIRO customer support TastyTrade customer support Plus500 customer support
Help Centre/FAQs Yes Yes
Email Yes Yes
Live chat No Yes
WhatsApp No Yes
Telephone Yes No
View more > DEGIRO > TastyTrade > Plus500 >

What are the risks of using DEGIRO?

When trading or investing with any broker, there is always the risk of losing money. In addition to losing money, there are a few more risks you should be aware of, some of which we’ve discussed below. 

  • DEGIRO offers a large number of markets. Offering a large number of markets isn’t necessarily a risk to most investors, but to beginners, the sheer number of assets available on DEGIRO can be risky, as you could become overwhelmed. 
  • Trading with leverage is dangerous. Using leverage to trade is commonplace these days, but before you jump in, you need to be aware of the risks. Leverage can not only magnify your gains but can magnify your losses. If you’re not careful or don’t know what you’re doing, leverage can be catastrophic. 

Research & analysis tools
4.2

What trading tools are on offer?

DEGIRO’s charting features lack advanced data and are very simple. However, what it lacks in charting, it makes up for with over 20 technical indicators, real-time streaming quotes, and orders by the number of stocks, as well as by the order value.

Trading tool DEGIRO tools TastyTrade tools Plus500 tools
Charts Yes Yes
News feeds Yes Yes
Analyst recommendations Yes Yes
Fundamental analysis Yes Yes
Financial calendar Yes Yes
MetaTrader integration No No
View more > DEGIRO > TastyTrade > Plus500 >

Real-Time Quotes

You can use DEGIROs real-time quotes features to get access to live market data, including bid and ask prices for hundreds of thousands of stocks. These real-time quotes are crucial for active traders requiring swift responses to market fluctuations. 

Interactive Charts

DEGIRO offers comprehensive charting tools that let traders visualise and analyse market trends. With a variety of technical indicators and customisable settings, you can personalise your charts to fit you trading strategies, gaining insights into potential entry and exit points

ESG Ratings

DEGIRO’s ESG ratings provide traders with a clear picture of a company’s commitment to environmental, social, and governance factors. By incorporating these non-financial metrics into the decision-making process, you can align your portfolios with your values.

Combination Orders

This unique feature lets you execute multiple orders simultaneously for different option strategies. This advanced trading tool provides flexibility and lets you execute complex strategies efficiently, reducing the risk of missing out on opportunities due to manual order placement delays.

Education & learning resources
3.8

What educational resources are on offer?

DEGIRO has its own Investor Academy which explains basic financial concepts to help you become a better investor. Along with introductory information, it takes you through how to use DEGIRO’s own tools, such as its WebTrader platform.

Educational resource DEGIRO resources TastyTrade resources Plus500 resources
Demo/virtual account No Yes
Video tutorials/webinars Yes Yes
Walkthrough guides Yes Yes
Copy trading No No
Trading academy Yes Yes
View more > DEGIRO > TastyTrade > Plus500 >

Investor’s academy

DEGIRO’s Investor’s Academy is a virtual classroom, that provides in-depth courses and tutorials on a wide range of investment topics. Whether you’re looking to learn the fundamentals of stock trading or want to explore more advanced strategies like options trading, the academy offers a structured learning path to enhance your financial literacy.

Knowledge base

The Knowledge Base is the best place for quick answers to common questions about DEGIRO’s platform, products, and services. From understanding account types to navigating the trading platform, the Knowledge Base is designed to provide clear and concise information to address any queries you might have.

Webinars & events

DEGIRO frequently hosts webinars and events featuring industry experts and experienced traders. These interactive sessions offer valuable insights into market trends, trading strategies, and specific investment products. By participating in these events, you can gain firsthand knowledge and network with fellow investors.

News

DEGIRO’s blog and news section keep you informed about the latest developments in the financial markets. From market analysis and commentary to updates on DEGIRO’s products and services, this resource ensures you stay abreast of relevant information that could impact your investment decisions.

DEGIRO video review

DEGIRO customer reviews

DEGIRO scores very well when compared to similar platforms. Across three of the largest review sites, DEGIRO has a minimum rating of 4 / 5, which puts it in the top tier of retail stock trading platforms. 

Review source DEGIRO rating TastyTrade rating Plus500 rating
Trustpilot 4.2 4
Google Play Store 4 4.3
App Store 4.3 4.1
View more > DEGIRO > TastyTrade > Plus500 >

Our verdict

DEGIRO represents the perfect choice for traders who want a simple platform with access to over 50 major stock exchanges around the world, and the added advantage of minimal fees. 

Opening an account is a fast task, with new traders typically being able to have their accounts verified and ready to trade in a single day. Once online, the proprietary trading platform is available anywhere, anytime, with a host of features from portfolio access to streaming quotes, market news, and quick order capabilities.

During our time testing DEGIRO we found it to be one of the best online brokers that deserves a serious look from traders and investors wanting to diversify their assets.

Who is DEGIRO suitable for?

DEGIRO is suitable for any type of investor or trader, although experienced users will find it most beneficial. While its platform is beginner friendly, newbies to the world of investing may find DEGIROs wide selection of markets and trading options overwhelming. 

Experienced investors will be able to take advantage of the many advanced features available on the platform. 

Is DEGIRO good for beginners?

Yes, DEGIRO is a good choice for beginners, although there are possibly better options like eToro available. DEGIROs platform is beginner friendly, but the sheer number of markets and different trading options can be unnecessary for beginners still learning the ropes. 

Visit eToro & Create Account

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Our methodology

Helping people make better financial decisions is at the heart of our mission at Invezz. 

We test each broker to provide clear, accessible guidance on the service it offers and how it compares to the 63+ other trading platforms we review. Testing is carried out by our panel of industry experts, analysts, and active traders who sign up to the platform, conduct research, and score the service.

To supplement our practical testing and experience, we research the service to gather any further relevant information and provide context to help you decide whether the broker is right for your investing needs. We read online customer reviews, app reviews on the Play Store and App Store, and conduct user surveys to get feedback from real people about what works, and what doesn’t.

The trading platform is awarded a final score based on 130+ data points across 8 ranking categories: cost, reliability, user experience, deposit & withdrawals, investing options, range of products/markets, research & analysis tools, and the availability of educational & learning resources.

We work closely with the individual brand to ensure all factual information displayed here is accurate. All data is then fact-checked by an independent reviewer. You can learn more about our expert panel and how we test, rate, and review platforms in our review process

FAQs

Who owns DEGIRO?
How does DEGIRO make money?
Does DEGIRO offer CFD trading?
How do I delete my DEGIRO account?
Can I transfer from my DEGIRO account into my PayPal account?
Can I pay in cryptocurrency on DEGIRO?
Does DEGIRO offer bonuses?


Sources & references
Risk disclaimer
Theodor Tonca
Financial Writer
Theodor is a Financial Writer for Invezz, reviewing, testing and scrutinizing financial products. He is a former financial analyst and investment partnership founder with over 10... read more.

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